Karachi: The Karachi Interbank Offered Rate (KIBOR), a crucial benchmark for short-term lending in Pakistan, showed minor fluctuations as reported by the State Bank of Pakistan on July 3, 2025. The changes in rates were observed across various tenors, with market participants closely monitoring these adjustments.

The one-week KIBOR exhibited a bid rate of 10.92 and an offer rate of 11.42. For the two-week tenor, the bid and offer rates were recorded at 10.91 and 11.41, respectively. The one-month tenor saw a bid rate of 10.88 and an offer rate of 11.38.

The three-month KIBOR showed a bid rate of 10.87 and an offer rate of 11.12. In the six-month category, the rates were slightly lower, with a bid of 10.82 and an offer of 11.07.

For the nine-month tenor, the bid and offer rates stood at 10.90 and 11.40, respectively. The one-year tenor displayed a bid rate of 10.89 and an offer rate of 11.39.

These rates serve as a reference for banks when setting interest rates for loans and other financial products, impacting borrowing and lending activities in the economy. The State Bank of Pakistan regularly provides these figures to offer transparency and guidance to financial markets.